I am curious as to where Vale is at in regards to their exploration of the Trindade North tenement. This is what I can gather.
August 2010 - Joint venture signed April 2011 - Vale begins drilling July 2011 - Vale has some positive drilling results Sept 2011 - Vale sesures rights for a further year
So, have Vale been drilling on the tenement this year?. Why would Avanco give updates on Vale in 2011 but not in 2012. I hope I have missed something, as I do like this company, but need more info as to what is going on with Vale.
AVB Price at posting:
6.9¢ Sentiment: Hold Disclosure: Not Held